Finance Associate

Job Summary
Under limited supervision, this position handles all client account bank reconciliation, premium reconciliation and client funding functions.

Essential Functions

• The essential functions listed represent the major duties of this role, additional duties may be assigned.
• Organizes and enters payables. (15%)
• Prepares billing setups and monthly invoicing. (15%)
• Processes client account bank and premium reconciliations and successfully resolve discrepancy dollars. (10%)
• Responsible for stop pay and check tracers. (10%)
• Transmits positive pay files. (10%)
• Identifies client premium and cobra refunds due and prepares refund documentation for check run. (10%)
• Analyzes and processes unclaimed properties and taxes in accordance to individual state's escheatment/claim tax requirements. (10%)
• Deposit checks into respective bank accounts. (10%)
• Processes bank and vendor set-up forms. (5%)
• Premium reconciliation duties include applying premiums to subscribers and successfully resolving discrepancy dollars. (5%)

Required Work Experience

• 1+ years related work experience.
• Experience Details: Minimum of 1 year general business experience, with a preference for 2-3 years.
• Knowledge of stop pays, check tracers, bank reconciliation, escheatment, premium balancing and payable experience.

Required Management Experience

• No supervisory/management experience required

Required Education

• High school diploma or GED 3+ hours of college courses in related field of accounting or finance preferred

Additional Required Qualifications

• Advanced computer skills in utilizing Microsoft Office Word and Excel and typing at 40 wpm. Must handle confidential and sensitive information appropriately.

Additional Preferred Qualifications:

• Knowledge of Microsoft Access is a plus. One year of experience in banking/finance or accounting functions a plus.

General Physical Demands:

• Sedentary work: Exerting up to 10 pounds of force occasionally to move objects. Jobs are sedentary if traversing activities are required only occasionally.

We are an Equal Opportunity/Protected Veteran/Disabled Employer committed to creating a diverse, inclusive and equitable culture for our employees and communities.